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Home My WebLink About0623 • ' F f " ~ : , • PROVIDED. ALWAYS, thst if the Mort~a~or shdl pay unto the Mortgs~ee the udebt~ lvideneed by a c~t~ 3 __~..~1"'.__ . .l ..L~_L ~L_ t~~~""f_" __.,_l. . ! F . . .~~~~~o~a~e ~/~'afe . ` S S,OS0.00 . Fort Pierce F~~ - ~y 5, 19 ~g FOR VAI,UE REC6IVED I prumi~e to p~y ~o che order ut EVA DAVIS and ROBERTA POPKIN as Joint Tenanta ~aith Rights ~ ~ o urv vors p. • - : the principai sum o! FI~ THOUSAND FIFTY DOLLARS -_-_rp/jOp ~L~~~ together with interest thcreon from dste at the rnte of ten pe~ccnt. per annum until maturity. bot1~ principsl aad iateresf beiu= pa}~able in lawfui money ot the United States at 224~ Biscayae Btvd. Miami, Florida, or at wch other phoe as tht hdders hereot .~?ay designate in writing. Principal a~d intercst payahle in instailments as (ollu~+s: i ~ ~ i ~ ONE HUNDRED TEN ($110.00) DOLLARS per month beginning on j the 15th day of July, 1978, and continuing on the 15th day ; j' of each and every month thereafter until paid in full. ' ~ j 7his uute toaY lie prepaid ia Mhde or in part at an~ timr upon Wyment ot s peaalt~ cyual to ci~l percent ot the principal wm prepaid. - Esch iml~l{meat payaeat sh~lt l,e erediled (irst oa lhe iatereat due, and d~e amsinJer ou p~eipat: aud inlerost shall lherc~pon oease ~p , ~ the pm~cipat so creditcd. . The malceis awd endonen of tAis nute fwther apre to »aire desand, notice oi narpayment and proteat. aad ia We event wit ~haU be brou~t fur the cdleetion hereof. or the s~me has to be edlected upoo demand ot sn auorwey. ~o P,r n„ou,t~. ,,a,n,ry'i fee~ tor wakin~ wd~ edl~etio~. i Ue(errecl paYmeots herena~ ahaM bear interesl at the rate ot ten pc~cent ~er aamwn [rwa matwiir ~ntil paid. t 7Uis aote b seeuncd br a mortp~e ot erc~ date berewith and ~ to be corlrned and eoforced aeaxdint Iu Ihe Isns of Ihe Slate ot ~loriii; ~pow ~ tleiault ia the paymeat ot prinripal and/or intarat Nhen due, the xl~de srw oi p~ineipal and intere~t rnaainio~ u~paid sh~il, at d~e optic~w o[ U~e ' hdders, beoame i~pmediatdy due aad psyabte. ~ ~ -~y ~ , `7 i ~ - - r -i ~ /~//l~--, , , _ . ~SEJ?L) ~ ,s ~ ~ Prcpred br Staale7 H. Spirler, Attorner- 2240 8'nearsc Hlvd.. Mi~i Fluids snd ~haq perfomn, comply with and abide by ~ach snd every the stipulations, agreements, conditions and coveaants of ~ said prani~ory note and of this dced, ttrcn thi~ deed and the estate thenby created shall cease and be null and void. ? ~ 1: The Mortg,agor hereby covenants and agrees: ~ (a) To pay aN and sinsulac tde principal and interest and other sums of money payable by rittute of said promissuty note and this deed, or either, promptly on the days respeclively the same sevenllybecoma~due_ (b) to permit, commit or suffer no wsste and to maintain the improrements st all times in s state ot sood repair and condition, and to do or petmit to ~e done to said premises oothinE that vrill alter or chan6e:the use snd charsder of said propetty or in any way impair ot weaken the security of this mortaaae. AnA in case of the refusai, nestect or inability ot the Mort6a6oi to rcpair snd maintain ssid property, ~ the Morlsaaee msy, at his option, make wch repairs or cause the ssme ~o bt madc, and adrsnce moneys in that behalt. (c) To pay all and singulu the taxes, assessments, leries, liabilities, and obliptans of every nature on said ~descriEed ptopetty each and every when due and psyabk accordin6 tu law, betore they become deliquent. and to deliver to the Mortaa6ee on or before Much I Sth of each ypr tax receipts eridencin` the psyment ot aU fawfully imposed tazes fot the ptecedir+g calendas year; to indemnity the Morigaaee upon his demand tor a0 taaes, asxssmtnts and char`es that may be asseued upon this mon6age on the indebtedness secured hereby, and ? paid by the mortaaaee, without regud to any law heretofore enacted or herqRer to be enact~d iinposins psyment of the whok or any ~ part thereof upon the Mort`ages. (d) To pay all and singulu the costs, chat6es and expenses, includins lawyen' fees and abstract costs reuonably incurred or paid at any time by tht Mortgagee because of the failure on the part of the Mort6agor to periorm, mmply with and abide by acA and erery the stipulatain, s6reements, conditions snd covenants of said promissoty aote and this deed, or either, and every such payment shall beu interest f~om date af the rate of tep (i0`J'o) per centum per annum. _ ' ~ (e) It is furthet convensnted and a`teed by said puties that in the tvent o! a suii beirtg instituted to foteclose tbis mortaaae, tde Mon- jaase sha0 be eotitled to apply st sny time pending such foreclosute wit to the rnuH harin6 jurisdiction thereof for the appointment of a receiver of alt and singular the mort6s`ed property, and of all rents, income:, profits, issues and revenues thereof, from whatsoever source derived; and thereupon it is hereby e:pressly oonrenanted and ssreed that the Court shal! fonAwith sppoint sucA receiver with the usual powers a~d duties of teceivers in like cases; and said sppointment shall be msde by the ooutt u a matter of stritt ~ight to tAe MoK- `a6ee, and without reference to the adeyuacy or inadequacy of the ralue of the property hereby mortsa6ed, or to lhe sotvency or insoi- rency ot the Mortsaroa ot any other puty defenQant 1o such wit_ The Mortgaaor hertby speciftcally waives the right to object to the ~ appointmeot ot a rectiver as aforesaid and hereby Yxpressly rnnsents that wch appointment shsll be made as an admitted equity and as a ~ malter ot absolute tisht to the Mortgagee and lhal lhe same may be done without notice to the Mortsagor. ' If foreclosure proceedin6s should be instituted against the property coveted by this mortgage upon any other Iien ot claim whether allesed to De superar or junar to the lien of this mortgage, the Morisagee m~y~ at bis option immediately upon institution of such suit or durin` the pendency thereof declue this mortgage and the indebtedness securcd hereby due and payable fotthwith and may at its optan proceed to foretbu this mortgage. . (S) Thst the 1Norigagot will keep all «al and persona! property now or hereafter encumbered,by the lien of this mort6aEe insuted u may be tequired from time to time by the Mort6agee agairest bss of Tite, windstotm and 'other hazards, cuualties and oontin`encies (or such ~ periods and fot not Iets than wch atnounts as may be reyu"ved by ihe Mortp6ee and to psy pcomptly when due ail premiums for sueh insunnce. The amounts ot insurance required by the Mort6sgee shall be the minimum amounts for which said insurance ahstl be written and it shall be incumbent upon the Mortgaaor to maintain such additional insunnce u may be necessary to meet and comply tully with all co-insunnce requ'vements oontained in said policies to the end that the said Monia6o! is not a co-insuror thereunder. Inwrance shall be written by a mmpany or companies approved or desigoated by the Mortgasee anQ all policies and tenewats thaeof shall be held by t~e i Mort6agee. All delaikd designstions by the Mortga;or which are accepteQ by the Mortaaaee and all a6reements between Morlpgot and Mort`agee relating to imunnct, now exiuina ur hereafter made, shall be in writing and shall be s part of this mort~e s~reemen! aa fully u Ihough ut torth verbatim herein and shall govern both parties hereto snd their successon and usigns. No tien upon any of said policies ot insuronce or upon any rtfund ot return premium which may be payabk un the cancellstion or termination thaeof, shall be given to oiher than tht Mortgagee, except by ptoper endorxment affixai to wch poGcy and approred by MortEagee. Each policy of insunnce sha0 have affized thereto a Standard New York Mortga6te Clause without Contribution, maki~ at1 bss or bsses under such pokcy payable to the Mortgagce as its interesl may sppeu. In the event any sum or sums of money;becona yr~6~ thereunder the Morlpiee shall hare the option to rece'ne and apply the same on account of the indebiedness heteby iecared; ~to petmit the Mortp6or to re- ceire and use it, or any put thereof, without theteby waivin` or impairi an t ns y equity, lien, or riaht under and by virtue ot this mort- yaae. In event of lou or physicsl dsm~gs to the mortaaaed property the Mortgagor shatl give immediate notice thereof by mail to the ~ Mortsa`te and the Mortga`ee may make proof oi loss it the same is not made promptly by the Mortsaaor. In erenl o( forecbsure ot ; t . • . ' • ' ~ eao~ 287 P~~ 6~0 - - - - - - ; ~ - ~ - - . - - ~ ~.-x ~